Is your practice seeking to rejoin the Sainsbury's Bank panel?

Has your firm been removed from the Sainsbury's Bank conveyancing panel for any of the following reasons?

  1. Persistent delays in registering security on behalf of Sainsbury's Bank Delays or failure to register the Sainsbury's Bank charge may result in referral to external lawyers of Sainsbury's Bank to complete outstanding requirements.
  2. Persistent delays in post completion requirements set by Sainsbury's Bank
  3. Failure to act in accordance with the Sainsbury's Bank panel terms, the written instructions that Sainsbury's Bank give you and the UK Finance Lenders’ Handbook or any alternative set of standard instructions to which Sainsbury's Bank may subsequently adopt.
  4. Breaches of Sainsbury's Bank conveyancing panel requirements
  5. Missing deadline to reapply to be on the Sainsbury's Bank convincing panel

How can we assist? Sainsbury's Bank panel reinstatement questions

  1. Are you able to explain why this practice’s application for reinstatement is refused?
  2. Is there a fee to be reinstated onto the Sainsbury's Bank conveyancing panel?
  3. Please can you set out the application protocol to be reinstated onto the Sainsbury's Bank conveyancing panel?
  4. What are the consequences if our Sainsbury's Bank panel reinstatement application is rejected and the client of the firm has a mortgage application with the Sainsbury's Bank?
  5. Is it the practice manager who is required to complete the reinstatement application to the Sainsbury's Bank panel ?

Top Tip: The best way to avoid the hassle of seeking Sainsbury's Bank panel reinstatement is to ensure that your firm is not removed off of the Sainsbury's Bank conveyancing panel in the first place.

Note: Subject to certain conditions Lexsure’s experts or consultants can assist in providing you with guidance for reinstatement onto the Sainsbury's Bank conveyancing panel but under no circumstances will Lexsure (or the Conveycentric Team) submit an application to Sainsbury's Bank directly or via their appointed panel manager. Any reinstatement application will have to be made by your firm. For the avoidance of doubt, Lexsure (or the Conveycentric Team) are in no way involved in managing the Sainsbury's Bank conveyancing panel.